Laura Jewett

Laura Jewett

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Closed

$399,900

($175,746 down)
VA

246 Iris Street, Mahtomedi, MN 55115

5
2
1,903 sqft
PITI Monthly
$1,449.63 /mo

Listing courtesy of: , Verve Realty

Assumed Rate

2.68%
7.15%

Principal & Interest

$987 /mo
$1,649 /mo

What's Special

FRESH PAINT
LARGE CENTER ISLAND
SHOPPING
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
DECK
PATIO
LANDSCAPED
CHARMING

Welcome to this tastefully updated home situated on a large corner lot in a tranquil neighborhood. High vaulted ceilings open into the inviting living room bathed in light showcasing solid hardwood floors and 1 of 2 gas fireplaces (2022). Fresh paint and flooring with an updated kitchen featuring a large center island (with built in wine fridge) stainless steel appliances, gas stove and beautiful natural cabinets. Main level has a hard wired speaker system. Beautifully landscaped yard with large, new maintenance free deck (2021) and block patio below- perfect for entertaining. Large family room on lower level with 2nd gas fireplace and sliding glass doors to paver patio. Updates include newer roof, siding (2020), water softener (2022) and sump pump (2023). Additional features include a tankless water heater, invisible fencing and extra wide gutters with leaf guards. Mere blocks to the beach on White Bear Lake, close to Gateway bike trail, charming downtown restaurants and shopping. Excellent Mahtomedi Schools.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,449.63/mo
Estimated Loan Balance
$226,572
Cash to close
$175,746
Interest Paid
$25,509

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Invisible
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1975
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Mahtomedi

Financial Details

  • Price per Sqft: $210.14
  • Tax Annual Amount: $3746
  • On Market Date: 2024-09-16T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $175,746 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $175,746!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$224,154
Your Cash$175,746
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$987/mo
Traditional @ 7.5%
$1,710/mo
You save $723/month ($8,671/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6587529

Listing From: northstar

Last updated: 2024-12-20T19:01:02.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.68%
7.15%

Principal & Interest

$987 /mo
$1,649 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $175,746 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $175,746!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$224,154
Your Cash$175,746
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$987/mo
Traditional @ 7.5%
$1,710/mo
You save $723/month ($8,671/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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